Worthington Enterprises Announces Dividend and Earnings Call
Worthington Enterprises Declares Quarterly Dividend
Worthington Enterprises, Inc. (NYSE: WOR) has taken a significant step forward by announcing a quarterly dividend of $0.17 per share. This decision was made by the Company's Board of Directors, reflecting its commitment to returning value to shareholders. The dividend is set to be distributed on December 27, 2024, to shareholders on record as of December 13, 2024. Worthington Enterprises has maintained a steady track record of quarterly dividends since its initial public offering in 1968.
Upcoming Earnings Conference Call
The Company is poised to report its fiscal first-quarter results soon and will hold a conference call to discuss these earnings. This call is scheduled for the following day at 8:30 a.m. ET. Investors and interested parties are encouraged to participate to glean insights into the Company's performance and strategic direction moving forward.
Live Conference Call Details
The details for the live conference call are straightforward. It will occur on a Wednesday, which will be detailed in upcoming announcements, at 8:30 a.m. ET. Interested participants can dial in using the designated number for domestic participants. This accessibility ensures that shareholders and potential investors remain informed about the Company's financial trajectory.
About Worthington Enterprises
Worthington Enterprises operates as a key designer and manufacturer of prominent brands that enhance the quality of everyday life. The Company is separated into two main segments: Building Products and Consumer Products. The Building Products segment features innovative solutions tailored for cooking, heating, cooling, and water management, alongside architectural products and accessories. Meanwhile, the Consumer Products segment focuses on categories such as tools, outdoor living, and celebrations, catering to a variety of customer needs.
Innovative Products and Solutions
Within the Worthington Enterprises portfolio, numerous esteemed brands stand out, including Balloon Time, Bernzomatic, Coleman propane cylinders, and general hardware solutions. Furthermore, the Company is actively engaged in the global hydrogen economy, collaborating on fueling systems and gas containment solutions, showing its commitment to sustainability and innovation.
Community Engagement and Corporate Philosophy
Established in 1955 as Worthington Industries, the Company embraces a people-first philosophy. This approach drives its primary goal of profitability for shareholders while emphasizing employee empowerment and community involvement. Worthington actively participates in local initiatives through its foundation and various workforce development programs.
The Company ensures transparency in their corporate citizenship and sustainability efforts and regularly shares updates on such initiatives. This dedication to improving lives extends beyond products to affect local communities positively.
Corporate Contacts
For inquiries, stakeholders can reach out to key Company representatives. Sonya L. Higginbotham serves as the Senior Vice President and Chief of Corporate Affairs, Communications, and Sustainability, available at 614.438.7391 or via email at sonya.higginbotham@wthg.com. Additionally, the Treasurer and Investor Relations Officer, Marcus A. Rogier, can be contacted at 614.840.4663 or marcus.rogier@wthg.com.
Company headquarters can be found at 200 West Old Wilson Bridge Rd., Columbus, OH 43085, and further details are available through its website, worthingtonenterprises.com.
Frequently Asked Questions
What is the amount of the declared dividend by Worthington Enterprises?
The declared dividend is set at $0.17 per share.
When will the dividend be paid out?
The dividend is scheduled to be paid on December 27, 2024.
What segments does Worthington Enterprises operate in?
Worthington Enterprises operates in two primary segments: Building Products and Consumer Products.
How does Worthington Enterprises engage with the community?
The Company engages through volunteer initiatives and workforce development programs while maintaining transparency in its corporate citizenship efforts.
Who can be contacted for investor relations inquiries at Worthington Enterprises?
Marcus A. Rogier, the Treasurer and Investor Relations Officer, can be contacted for related inquiries.
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